FLSmidth confirms Qatari project talks, contract to be finalised

Following reports in Qatari media stating that FLSmidth has entered into an agreement with Qatari Investors Group for supply of equipment and machinery for a cement plant in Qatar, the Danish equipment supplier has confirmed negotiations are currently taking place. However, in a statement released yesterday, FLSmidth said that the order is yet to be confirmed: "If and when a contract is finalised and becomes binding, we shall immediately inform the market," the release said.